Timing matters more than most people think
Summary
The video discusses the best months to buy a short-term rental to qualify for tax loopholes related to material participation. Buying in January/February allows you to spread out the required 500 hours of participation over the year, while buying in August/September allows you to take advantage of the 100-hour rule by exceeding the hours worked by other vendors. The middle of the year is generally the hardest time to buy for tax optimization.
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Curated by Learn STR by GoStudioM